City Fargo, county Wells Financial News

08.04 / 16:37

markets COST Target Platform Apple wellness Meta Platforms Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535

Wells Fargo raised its year-end target for US benchmark S&P 500 index to 5,535 on Monday — the highest among Wall Street brokerages — citing optimism around artificial intelligence and a potential easing of borrowing costs. The index has gained 9% so far this year, broadly boosted by expectations of interest rate cuts and investor frenzy around the AI boom.

08.04 / 14:59

Target JPMorgan Citigroup Nov wellness reports Department This Week: Consumer prices, Fed meeting minutes and earnings reports from several big banks

The Labor Department releases its March report on prices at the consumer level Wednesday

07.04 / 15:29

markets Digital CarMax Fastenal Neogen reports inflation data Wall Street week ahead: Investors eye inflation data, Fed minutes after strong March jobs report

ALSO READ: Federal Reserve Bank of Minneapolis Neel Kashkari hints at holding off rate cuts The inflation reading -- consumer price index (CPI) – for March and the minutes of Fed’s March FOMC (Federal Open Market Committee) meeting will be released on April 10 (Wednesday). The producer price index (PPI) data for March is slated to be released on April 11 (Thursday). April 12 (Friday) will see the release of import price index (IPI) data for March and a preliminary report on consumer sentiment for April.

05.04 / 12:35

markets UPS Platform wellness Freedom rights Sanctuary Wealth hires former Wells Fargo, BNY Mellon Pershing veterans

Two wealth management industry veterans have joined Sanctuary Wealth in leadership roles to build on the firm’s network of partner firms with around $30 billion in assets under management.

05.04 / 12:35

Provident CEO Research wellness Celebrity band reports Pennsylvania family office celebrates $5B AUM milestone

Callan Family Office, a bespoke investment advisory firm based in Pennsylvania, has just achieved a significant asset milestone.

05.04 / 12:35

Provident CEO Matthews Research wellness NHL Sporting Pegula-backed Bison Wealth attracts $750M Key Private Bank team

A duo of advisors formerly with Key Private Bank has joined boutique wealth manager Bison Wealth.

04.04 / 13:41

markets COST UPS wellness U.S. refiners still have gas in the tank

U.S. refiners are heading into the summer driving season at full speed. Shares of Marathon Petroleum are up 45% year to date, while Valero and Phillips 66 are up 39% and 30%, respectively.

02.04 / 03:41

IPO Platform security Citigroup Reddit wellness reports Microsoft-Backed Rubrik Files for IPO: Revenue grows to $628 million, losses widen to $354 million

Goldman Sachs Group Inc., Barclays Plc, Citigroup Inc. and Wells Fargo & Co., according to Monday’s filing with the US Securities and Exchange Commission, confirming a Bloomberg News report. The company plans to list its shares on the New York Stock Exchange under the symbol RBRK.

28.03 / 15:41

COST UPS BLOCK Trade President reports It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits

Shoppers may get a bitter surprise in their Easter baskets this year

28.03 / 15:11

markets Platform Charity community wellness reports Relationships LPL welcomes $250M team from Wells Fargo

LPL Financial is broadening its East Coast presence yet again as it onboards a New Jersey advisor trio from Wells Fargo. The firm announced the addition of Erick Simonds, Eugene Sninski II, and Lisa Sninski, as they bring Windward Wealth Advisors to the firm’s broker-dealer and custodial platforms.

25.03 / 21:37

Citi Reuters CEO Citigroup wellness performer Citigroup to end sweeping overhaul this week after 5,000 layoffs

By Tatiana Bautzer, Lananh Nguyen and Manya Saini

21.03 / 13:27

markets Provident wellness Trade information Commentary Stocks are richly valued, but prices could go higher - Wells Fargo

Wells Fargo strategists said Wednesday the S&P 500 valuations appear “stretched by most measures,” including the widely followed price-to-earnings (P/E) ratio.

20.03 / 11:33

markets Art Fox Strategy economy wellness rights Fed’s Powell walking tightrope on rate cuts as inflation bites

Laffer Associates founder and Chairman Art Laffer reacts to potentially replacing Jerome Powell as Fed Chair and discusses whether the Fed will cut interest rates in 2024 on 'Making Money.' #foxbusiness #makingmoney

19.03 / 13:29

markets COST Fox economy Nov President US homebuilder sentiment unexpectedly rises to highest level since July

Payne Capital Management President Ryan Payne weighs in on the U.S. economy, arguing that purchasing power will continue to ‘strengthen’ for the American people.

16.03 / 00:39

Provident Target Platform Align wellness Banner Concurrent continues to hit growth goals with three new advisors

Tampa, Florida-based hybrid Concurrent is maintaining a strong growth pace and has onboarded three new advisors to its platform.

14.03 / 15:09

markets Strategy Election Invesco wellness President reports 'Take the emotion out of investing' during a presidential election year, strategist says. What to do instead

WEST PALM BEACH, Fla. — Investors' emotions may run high in 2024, especially in the realm of politics as President Joe Biden and former President Donald Trump are poised for a rematch in this year's presidential election.

14.03 / 13:57

markets Target Tesla wellness Why does Tesla stock keep dropping?

Several Wall Street analysts lowered their target for Tesla (NASDAQ:TSLA) stock recently. Today, UBS analysts cut their numbers due to concerns over potential earnings downside risk. This decision comes amidst a series of challenges faced by the electric vehicle (EV) giant, including demand and production concerns.

14.03 / 05:47

Tesla wellness Trade show track reports Updates Chinese NEV stocks sink tracking Fisker bankruptcy report, Tesla downgrade

Updates to correct reference to Rivian (NASDAQ:RIVN) bankruptcy report to Fisker Inc (NYSE:FSR).

13.03 / 20:11

DOW security TikTok wellness Bill reports Stock Market Today: Dow ekes out gain as energy shines, but tech takes breather

Investing.com — The Dow eked out a gain Wednesday, closing higher for a third-straight day, underpinned by energy stocks, but a slump in tech stocks kept gains in check as investors braced for further economic data due Thursday that could shape the Fed Reserve's outlook ahead of a decision next week.

13.03 / 16:27

DOW Tesla Election wellness Trade Midday movers: Tesla and Dollar Tree fall; Williams-Sonoma rises

Investing.com – Main U.S. indexes were mixed Wednesday, with strength in the Dow and weakness in the tech-heavy Nasdaq, while the S&P 500 traded flat. Averages consolidated gains after moving higher following data on consumer prices yesterday, with more inflation data on tap for later this week.

13.03 / 11:49

Target Tesla wellness TSLA Trade Equality Tesla stock drops as Wells Fargo cuts rating to sell, sees 30% downside risk

Tesla (NASDAQ:TSLA) stock fell 1.5% in early New York trading Wednesday after Wells Fargo downgraded the rating to Underweight (equivalent to sell) from Equal Weight. Analysts called Tesla “a growth company with no growth.”

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